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According to our LPI (LP Information) latest study, the global Permethrin market size was valued at US$ 215.3 million in 2023. With growing demand in downstream market, the Permethrin is forecast to a readjusted size of US$ 306.8 million by 2030 with a CAGR of 5.2% during review period.
The research report highlights the growth potential of the global Permethrin market. Permethrin are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Permethrin. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Permethrin market.
Permethrin is an insecticide in the pyrethroid family. Pyrethroids are synthetic chemicals that act like natural extracts from the chrysanthemum flower. Permethrin is used in a number of ways to control insects.
Products containing permethrin may be used in Public Hygiene mosquito control programs. They may be used on food and feed crops, on ornamental lawns, on livestock and pets, in structures and buildings, and on clothing. Permethrin may also be used in places where food is handled, such as restaurants. Permethrin was first registered with the United States Environmental Protection Agency (U.S. EPA) in 1979, and was re-registered in 2006.
The permethrin industry concentration is relatively high; there are nine major manufacturers in the world, which are mainly distribute in China and India. They are Sumitomo Chemical, Yangnong Chemical, Bayer, Heranba, Tagros, Meghmani, Crop Life Science Limited, Aestar, Gharda and Guangdong Liwei. They totally got about 90% market share.
Global major consumption regions are distributed in China, North America, Europe, India and Japan etc. North America and Europe separately consumed about 13% and 14% of global total consumption. China got a share of 17%. India, as the largest production and consumption region, with 34% market share.
Key Features:
The report on Permethrin market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Permethrin market. It may include historical data, market Segmentation by Type (e.g., Agriculture Grade, Pharmaceutical Grade), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Permethrin market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Permethrin market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Permethrin industry. This include advancements in Permethrin technology, Permethrin new entrants, Permethrin new investment, and other innovations that are shaping the future of Permethrin.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Permethrin market. It includes factors influencing customer ' purchasing decisions, preferences for Permethrin product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Permethrin market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Permethrin market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Permethrin market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Permethrin industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Permethrin market.
Market Segmentation:
Permethrin market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Agriculture Grade
- Pharmaceutical Grade
- Industrial Grade
- Other
Segmentation by application
- Agriculture
- Public Hygiene
- Other
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Sumitomo Chemical
- Yangnong Chemical
- Bayer
- Heranba
- Tagros
- Meghmani
- Crop Life Science Limited
- Aestar
- Gharda
- Guangdong Liwei
Key Questions Addressed in this Report
What is the 10-year outlook for the global Permethrin market?
What factors are driving Permethrin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Permethrin market opportunities vary by end market size?
How does Permethrin break out type, application?